Recordkeeping Tips for Freelancers and Gig Workers So You Can Avoid Getting in Tax Trouble
If you are working as a freelancer or gig worker, you are certainly not alone. Millions of men and women are earning extra income driving for ride-sharing services, designing websites for online…
9 Common Mistakes First Time Tax Filers Make That Can Land You In Tax Trouble
Being an adult has its perks, from being able to rent a car and book a hotel room to the chance to earn a living and rent an apartment. But life as an adult also comes with some challenges, including…
Lucky Day at the Casino? Don't Forget About the IRS
Whether you gamble all the time or only once in a blue moon, you are filled with hope and excitement every time you walk through those casino doors. If you have been gambling for even a little while,…
Made a Mistake On Your Tax Return? Here’s What To Do.
Tax returns can be complicated and tricky to understand. Even for a professional, it can be surprisingly difficult to get every number and detail right. Often, you only notice the mistakes when you…
Self Employed? Smart Strategies for Minimizing Your Taxable Income
A lot of our clients that come to us with back tax problems are self-employed. For one reason or another, they fall behind on their taxes. With COVID-19, small businesses have been hit the hardest…
The Challenges Freelancers Face When Proving Their Income - and How to Overcome Them
Being a freelancer carries a number of important benefits, from the ability to make your own hours to the freedom to work from virtually anywhere. But being your own boss also comes with some serious…
Self-Employed and Gig Workers: Should You Claim the Home Office Deduction?
The rise of freelancing, self-employed, and gig work is one of the biggest labor stories of the last 20 years. More and more workers have been looking beyond the normal nine to five and making their…
Self-Employment Taxes and The Common Traps To Avoid So You Don’t Owe Back Taxes
People often dream of quitting their jobs and going into business for themselves so that they can pursue a passion and work without a boss. Self-employment can be a rewarding career decision, but it…
The Procrastinator's Guide to Surviving Tax Day
If you are a procrastinator, tax filing season is probably the worst time of year. With deadlines looming, filling out all those complicated forms and making sense of an increasingly complex tax code…
How to Amend a Tax Return for a Prior Year
Tax returns can often be filed with incomplete or incorrect information, leading you to more tax trouble than you bargained for. If you filed early, you might have overlooked income from a temporary…